Agent based modelling as a decision support system for shadow accounting
Authored by Thomas Chesney, Stefan Gold, Alexander Trautrims
Date Published: 2017
DOI: 10.1016/j.dss.2017.01.004
Sponsors:
No sponsors listed
Platforms:
NetLogo
Model Documentation:
Other Narrative
Model Code URLs:
Model code not found
Abstract
We propose the use of agent based modelling to create a shadow account,
that is, a secondary account of a business which is used to audit or
verify the primary account. Such a model could be used to test the
claims of industries and businesses. For example, the model could
determine whether a business is generating enough funds to pay minimum
wage. Parameters in the model can be set by observation or a range of
values can be tested to determine points at which enough revenue could
be generated. We illustrate the potential of agent based modelling as a
tool for shadow accounting with a case study of a car wash business. (C)
2017 Elsevier B.V. All rights reserved.
Tags
Supply Chain Management
information
Stakeholder
Quality
Accountability
Cues
Standards
Minimum wage
Social compliance
Auditing
Disclosure